Micropolis jumps 35.91% intraday on non-binding Saudi LOI with QSS Robotics for 500 robots.

Micropolis surged 35.91% intraday following the announcement of a non-binding Letter of Intent (LOI) with QSS Robotics to expand its autonomous robotics and AI security solutions in Saudi Arabia. The agreement includes pilot projects with the Ministry of Interior and ARAMCO starting December 20, 2025, and a conditional procurement intent for up to 500 robots over two years if pilots succeed. The collaboration aligns with UAE and Saudi Arabia’s localization goals and positions Micropolis to scale in a strategic market through QSS’s local expertise. The stock’s sharp rise reflects investor optimism about potential large-scale deployments and the company’s expanded commercial reach in the region, despite risks tied to execution of the non-binding LOI and financial challenges highlighted in prior reports.